4 ms·
This assumption (which is largely correct) gets thrown out the window when the entire tranche of supply is hit with a cost increase all at the same time (and ev
by nrmitchi 4y ago
This assumption (which is largely correct) gets thrown out the window when the entire tranche of supply is hit with a cost increase all at the same time (and every participant knows it).
The point of this "margin" you mention gets rather deterministically and uniformily raised across the board.